12-Nov

Two views of C (Citibank)

There is a lot of good information being exchanged in SpikeTrade. Yesterday I saw an exchange of emails between Jeff P, one of our long-term Spikers, and Patricia L, a Spectator. Back in July Pat had caused a bit of a stir when she announced she had a dream of buying C (Citibank) at $10. With the stock trading near $20, she took a bit of joking about her dream. Dream analysis is certainly not a standard approach to trading. Still, when a financially savvy person has a dream, it may be his or her mind trying to tell them something that cannot be heard in the noise and din of the market.Yesterday, with C just a few cents above $10, Jeff asked Pat whether she was buying now. Her response is shown below:

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